21, THE CLOSE, NEWHAVEN, BN9 0RU - £312,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

21 THE CLOSE is a very small semi-detached house of 62m², built sometime between 1930 and 1949, which could now be worth an estimated £310,197. It was last sold for £312,500 in February 2022, which was around 21% below the average February 2022 semi-detached price in the Lewes local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was B.

21 THE CLOSE Sold Prices

Land registry data shows two sales for 21 THE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Lewes local authority area for the corresponding sale date. Both of the two 21 THE CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 10 FEB	£312,500	£397,629	21% below HPI
2019 29 MAR	£240,000	£343,904	30% below HPI

21 THE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Lewes local authority area over time, sourced from the HPI. The two 21 THE CLOSE sales from March 2019 and February 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the March 2019 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the February 2022 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 21 THE CLOSE be worth now?

21 THE CLOSE might now be worth an estimated £310,197.

This is based on house price deflation of 0.7%, between February 2022 and February 2025, for semi-detached houses, in the Lewes local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.7% deflationary decrease is applied to the most recent sale price for 21 THE CLOSE of £312,500 on 10th February 2022. For the value to have decreased from £312,500 to £310,197 over the three years to February 2025, the following assumptions must hold true:

• The value of 21 THE CLOSE has moved in line with the HPI for semi-detached houses in the Lewes local authority area.
• The February 2022 sale price of £312,500 represented a fair market value for the property.
• The size, condition, and specification of 21 THE CLOSE has not materially changed since February 2022.

How Large is 21 THE CLOSE?

21 THE CLOSE is 62m² according to the EPC inspection conducted in December 2018. This puts it in the smallest 10% of semi-detached houses houses in Newhaven, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Newhaven, and where 21 THE CLOSE lies on this distribution: 2% of semi-detached houses houses are smaller than 21 THE CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Newhaven.

21 THE CLOSE: Plot and Title Map

21 THE CLOSE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 21 THE CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 21 THE CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 21 THE CLOSE?

21 THE CLOSE is located in NEWHAVEN, in the BN9 postcode district. The below map shows the position of No. 21 on THE CLOSE.